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LayerZero ZRO
0x6985…71cd
Ethereum
Not verifiedThis record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →
Last checked today 1 audit on record
Executive SummaryAI Copilot

The LayerZero Token contract is an OFT (Omnichain Fungible Token) implementation, inheriting ERC-20 functionality and enabling cross-chain token transfers via LayerZero. A key finding is that a privileged `endpoint` address can mint new tokens, which could dilute existing token holders. The contract owner is a multisig, providing robust control over administrative functions.

2 Medium4 Informational
Volume 24h
$129.9K
Liquidity
$67.0K
Price
$1.8800
Token Age
2y
Top 10 Holders
37.2%

Security Findings

Medium

A privileged address can mint new tokens

CP-01A privileged function increases the total supply, diluting every holder. Functions: send(SendParam,MessagingFee,address), lzReceiveSimulate(Origin,bytes32,bytes,address,bytes), lzReceive(Origin,bytes32,bytes,address,bytes). Restricted to: endpoint.
IssueA privileged function increases the total supply, diluting every holder. Functions: send(SendParam,MessagingFee,address), lzReceiveSimulate(Origin,bytes32,bytes,address,bytes), lzReceive(Origin,bytes32,bytes,address,bytes). Restricted to: endpoint.
FixCheck who holds these functions and whether a timelock or multisig stands between them and holders.
StatusUnresolved
Medium

Liquidity not locked

QA-LIQUIDITY0.0% of the pool's LP is burned or time-locked. 99.9% is held, unlocked, by 7 address(es) other than the owner/deployer. One of them — a wallet, 0x933b…b069 — holds 53.7% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them. This assessment covers the main pool, which holds 95% of the token's DEX liquidity; the other pools were not assessed.
Issue0.0% of the pool's LP is burned or time-locked. 99.9% is held, unlocked, by 7 address(es) other than the owner/deployer. One of them — a wallet, 0x933b…b069 — holds 53.7% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them. This assessment covers the main pool, which holds 95% of the token's DEX liquidity; the other pools were not assessed.
FixCheck the lock's end date and beneficiary on the locker's own page before relying on it.
StatusAcknowledged
Info

Who holds the supply

QA-HOLDERSThe ten largest holders own 37.2% of supply. What remains: 11.9% in wallets, 25.4% in other contracts. 24,892 holders in total.
IssueThe ten largest holders own 37.2% of supply. What remains: 11.9% in wallets, 25.4% in other contracts. 24,892 holders in total.
FixWatch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
StatusAcknowledged
Info

Identity verified by independent sources

QA-IDENTITYListed on CoinGecko as LayerZero (ZRO), market cap $614M, rank #104. Traded on Binance, Coinbase. 24,892 holders. Verified by: CoinGecko, exchange listings.
IssueListed on CoinGecko as LayerZero (ZRO), market cap $614M, rank #104. Traded on Binance, Coinbase. 24,892 holders. Verified by: CoinGecko, exchange listings.
FixMatch the contract address against the project's official channels before trading.
StatusAcknowledged
Info

The market for this token

QA-MARKETLiquidity $71K (DexScreener, all pools). 24h trading volume $178.6M (CoinGecko, all markets, daily snapshot). 24h trading volume $131K (DexScreener, all pools).
IssueLiquidity $71K (DexScreener, all pools). 24h trading volume $178.6M (CoinGecko, all markets, daily snapshot). 24h trading volume $131K (DexScreener, all pools).
FixSize any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
StatusAcknowledged
Info

Asset class: Project token

QA-PROFILEA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 3-of-5 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $71K of DEX liquidity across 7 pools. Launch: 835 days of market history.
IssueA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 3-of-5 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $71K of DEX liquidity across 7 pools. Launch: 835 days of market history.
FixCheck the project's own documentation for what the token is used for; this report covers what the contract allows.
StatusAcknowledged

Category Ratings

TechnicalLow8/10

The LayerZero Token contract implements the ERC-20 standard and extends it with OFT capabilities for cross-chain transfers (7.1 Architecture). The contract includes standard ERC-20 functions like `transfer` and `balanceOf`. Administrative functions, such as `setMsgInspector` and `setPeer`, are restricted to the `owner` (7.3 Access Control). However, the `endpoint` address has the ability to mint new tokens via `lzReceive` and `send` functions (7.2 Code Security), which is a significant technical control issue as it directly impacts the token supply.

GovernanceMedium5/10

The contract's economic model is based on an ERC-20 token with cross-chain functionality. The `owner` has control over various administrative settings, such as `setMsgInspector` and `setPeer` (7.5 Governance), and this `owner` is a multisig. A significant economic risk (7.4 Economic) is the ability of the `endpoint` address to mint new tokens through functions like `send` and `lzReceive`. This capability, if not managed with extreme care, could lead to token dilution for existing holders, centralizing a critical economic power in the hands of the `endpoint` controller.

UpgradesMedium4/10

The contract is not deployed as a proxy (7.7 Upgrades) and therefore does not have direct upgradeability mechanisms built into its deployment. Any changes to the contract logic would require deploying a new contract and migrating assets, which reduces the risk of upgrade-related vulnerabilities.

Security Checklist

Contract VerifiedPass
Ownership RenouncedFail
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Holder Composition

11.9% in wallets25.4% in contracts
Effective Concentration22.0%

Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.

Liquidity Depth

Show 1 more pairShow less

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

LP Distribution

Top-1 Unlocked Holder53.7%
Top-3 Unlocked94.8%

Key Addresses

Deployer
0xb505…e155
Unlocked LP Held By
0x933b…b0690xda21…e12f0xa0b9…64a80x4e13…b9a90x3f2a…9b260xcdf0…57ac0x344c…d3600xecec…a6b90x125f…9da10xa67c…a297

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

What Raised This Score

  • Mintable supply — no cap found, dilution unbounded; held by endpoint: Other-Contract
  • Liquidity NOT locked (100% of the pool; this pool is 95% of DEX liquidity) — held by independent providers — market-depth risk
  • Top-10 concentration > 20% (37.2% total → 22.0% effective; 11.9% in EOAs, 25.4% in contracts)

Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed

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